Spartanburg, SC Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Spartanburg, SC. Based on 20+ datapoints.
Spartanburg, SC Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4.6%
Avg Cash on Cash
-9%
Median Cashflow
-$435/mo
Avg Rent Estimate
$1,738/mo
Avg Price
$268,604
Price Range
$189,900 - $379,900
Rent to Price
0.65%
low ratio
Positive Cashflow
4%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Spartanburg, SC
Spartanburg, SC is an emerging long-term rental market gaining investor attention. With 20+ properties analyzed, early data shows the market is developing. The median cap rate of 4.6% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 20+ analyzed properties, the median monthly cashflow in Spartanburg, SC is -$435 with average rents of $1,738/month. Properties range from $189,900 to $379,900, offering entry points across multiple investment budgets.
Spartanburg, SC Rental Market Insights
- •Median cashflow is -$435/month — careful deal selection is essential here
- •4.6% median cap rate is typical of appreciation-focused markets
- •At 4% positive cashflow rate, Spartanburg, SC requires selective property picks
- •Moderately priced market with properties from $189,900 to $379,900
- •Early-stage market data — revisit as more properties are analyzed for stronger signals